OHLC_Volume - MetaTrader 5 Script - MQL5 #21402 - MT4/MT5 Resources

OHLC Volume displays two volume charts, taking into account the open, high, low and closing prices and applying two calculation methods: high open and close-low.

Since it is calculated only from OHLCV bar values, this indicator has no configurable parameters.

 Volume UP = Volume * CoeffUP/(CoeffUP+CoeffDN)
Volume DN = Volume * CoeffDN/(CoeffUP+CoeffDN)
CoeffUP = Open High CoeffDN = Close Low
 Attachment download
 📎 ohlc_volume.mq5 (7.05 KB)
 Source: MQL5 #21402
OHLC_Volume - MetaTrader 5 Script - MQL5 #21402 Usage and Filtering Advice
 OHLC_Volume - MetaTrader 5 Script - MQL5 #21402 is a resource related to foreign exchange indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
 Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.